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20121201
20121231
Search Results 0 to 4 of about 5 (some duplicates have been removed)
, the bookstore, go out of business. largely because of competition with amazon. >> reporter: based in seattle, amazon was started in the mid-'90s to sell books online. and for years made no profit. but it soon became clear that founder jeff bezos and his notoriously secretive company had bigger plans. they started expanding in the late 1990s into videos, music, games, electronics, kitchenware, clothing, shoes, jewelry, business services, information storage. amazon turned the corner to profitability in 2002, and today, amazon is a $100 billion global company. and though bezos declined our request for an interview, he recently told "fortune" magazine's andy serwer -- >> our goal is to be the most customer obsessed company. is there someone doing some element better than we? if so, how do we improve? >> online shopping is still only 10% of total retail. >> reporter: meaning amazon in all likelihood is just getting started. ben stein told me recently he has never seen a company dominate a market quite the way amazon is right now. this is a huge, huge story this holiday season. the big question,
for recreational use. cnn's miguel marquez is joining us from see yat -- seattle. still some roadblocks, but what's the latest? >> reporter: some roadblocks indeed. you can have pot right now, but you can't go out and buy it. you still have to go to the black market. but in a year's time if everything goes the way it's supposed to, washington state will be a haven for pot. in the war on drugs, the government surrenders to marijuana users here in washington state. up to an ounce now legal for anyone over 21. >> we got that weed growing. we ain't worried about no police. we're out here living like tupac, baby. all eyes on the city cause we got it going on. >> reporter: this is the moment when marijuana became legal to possess at least under one ounce here in washington state. several dozen people, perhaps 100 people have showed up here at the space needle to smoke up and celebrate. including this guy. >> america, freedom! >> reporter: rick steves of tv travel fame co-sponsored pot initiative here saying it's about decriminalizing marijuana and freeing up government to focus on more important things
Search Results 0 to 4 of about 5 (some duplicates have been removed)